IPO Trending
QFILSME / NSEListed
Quality Foils (India)

Incorporated in 1990, Quality Foils (India) Limited is a leading manufacturer and exporter of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/Pipes. Using premium-grade raw materials primarily sourced from Jindal Stainless Hissar Limited, the company has over three decades of experience in producing high-quality stainless steel products under the brand name “Quality.” Its offerings are divided into two key segments — Cold Rolled Stainless Steel Coils/Strips and Stainless Steel Flexible Hose Pipes — which are used in diverse applications such as SS tubes, kitchenware, cutlery, and automotive components. These products cater to industries including steel, petrochemical, automobile, power, and heavy engineering for applications like hydraulic oil, steam, hot water, and gas systems.

DRHP
₹60 - ₹60364.38x sub
Listed Price₹100.00
Listing Gain+66.67%

IPO Schedule & Timeline

Fixed Price IPO
Open14 Mar 2023
Close16 Mar 2023
Allotment21 Mar 2023
Listing24 Mar 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Market Maker38,000 shares
5.04%
Nii (hni)3,58,000 shares
47.48%
Retail3,58,000 shares
47.48%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,20,000
HNI2 Lots (4,000 shares)
₹2,40,000

Company Promoters

Kuldip BhargavaTejasvi Bhargava

Company Background

Incorporated in 1990, Quality Foils (India) Limited is a leading manufacturer and exporter of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/Pipes. Using premium-grade raw materials primarily sourced from Jindal Stainless Hissar Limited, the company has over three decades of experience in producing high-quality stainless steel pr...

Lead Managers & Bankers

Khambatta Securities Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2020)₹15210.77 Cr
Growth+45.3%
Revenue Trend (₹ in Crores)
0.06.9k13.8k20.7kSep 2022Mar 2022Mar 2021Mar 2020
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 202015,210.77107.876,606.530
Mar 202112,436.6795.866,536.530
Mar 202218,030.63161.887,834.550
Sep 202210,471.59205.997,135.210

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
21 Mar 2023
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
24 Mar 2023

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Quality Foils (India). Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization21 Mar 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date24 Mar 2023Trading commences on exchange

How to Check Quality Foils (India) Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Quality Foils (India) from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Quality Foils (India) IPO

Complete issue overview for Quality Foils (India) (QFIL) IPO. The issue features an equity share price band of ₹60 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,20,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions